Nashville TN Real Estate - Villages of Brentwood First 6 Months of 2010 Sales Report
Villages of Brentwood saw a remarkable increase in sales this spring. With overall sales up 78% over 2009, one would think the recession was a thing of the past! We're sure that the first time homebuyers tax credit helped a lot. The following shows the total transactions for the First 6 Months and then just the 2nd Quarter sales.
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The average sales price was down 4% but if you remove the bottom two that were foreclosures, the average would only be down just under 2%. There are currently 17 homes for sale, 4 with financing contingencies. The average asking price is up to $169,235.
Many of these homes are considered starter homes. They range from just over 1100 square feet to over 2400 with the average really staying between 1250 and 1600. Built by Fox Ridge in the mid to late 80%, they have continued to increase in value, disregarding this recent recession.
The Villages of Brentwood neighborhood is Zoned for Granbery Elementary. Many parents look for affordable ways to have their children enrolled in this school and choose Villages of Brentwood just for that reason. Located just off Old Hickory Blvd between Nolensville Road and Edmondson Pike, in the Nipper's Corner area, one can reach either I-65 or I-24 in just minutes.
Villages of Brentwood, 2009 year end Market Report
Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.
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Connie, very telling stats. Interesting price point...
Michael - I sell a lot of homes in this neighborhood. It's a good school district and the prices are very affordable.
The quality of the neighborhood surely has a great deal to do with its active market.
Connie like that the DOM are coming down, here's to the sales price heading up next! Nice report as usual!!
Richard - You're absolutely right. In this case the location is what makes it work so well.
Pamela - Thank you! I'm looking forward to all of our areas recovering and getting back to normal!